secwatch.observer — SEC 8-K summary
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Issuer:     KORN FERRY (KFY)
CIK:        0000056679
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001628280-24-009302
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Korn Ferry Q3 FY2024 fee revenue $668.7M (-2% YoY); operating margin jumps to 7.5%
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- Diluted EPS $1.13, adjusted $1.07; net income $59.1M vs $11.2M YoY.
- Operating income $49.9M (7.5% margin) vs $12.5M (1.8%); Adjusted EBITDA $101.7M (15.2% margin).
- Consulting fee revenue +3% with bill rate +12% to $438/hr; Digital revenue +6%, subscription/license +11% to $33M.
- Declared $0.33/share dividend payable April 15; repurchased 382,500 shares for $21M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56679/000162828024009302/0001628280-24-009302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56679/000162828024009302/kfy-20240305.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-009302

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer